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Benzinga
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Needham Maintains Buy Rating for GLOBALFOUNDRIES: Here's What You Need To Know

GlobalFoundries Needham Nasdaq

Needham has decided to maintain its Buy rating of GLOBALFOUNDRIES (NASDAQ:GFS) and lower its price target from $87.00 to $70.00.

Shares of GLOBALFOUNDRIES are trading down 5.06% over the last 24 hours, at $50.06 per share.

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